Do you think bitcoins are approaching being unethical monetary instruments without technically carrying a value similar to “real” money?

Answers

Answer 1
I don't think along these lines, bitcoins are near being unscrupulous in light of the fact that they have no "genuine" support from the legislature or in gold and silver. As a general rule, individuals have been burning through cash that path for a considerable length of time, as charge cards and other online monetary standards, for example, PayPal. The main untrustworthy piece of bitcoins is the way that if your bitcoins are stolen or utilized by somebody who isn't you, there is no real way to track them and recover your bitcoins.
Answer 2

Final answer:

Bitcoins and other cryptocurrencies are digital currencies that function as a medium of exchange and can store value. Their status as ethical monetary instruments is debated due to lack of regulation and association with illegal activities. Despite these challenges, their potential to evolve and replace traditional money cannot be dismissed entirely.

Explanation:

The debate over whether bitcoins are ethical monetary instruments comparable to traditional money is complex. Unlike established fiat currencies, cryptocurrencies like Bitcoin are not backed by any commodity or decreed as legal tender by a government. They operate in a decentralized system, created through the solving of complicated mathematical problems online, and are used as a medium of exchange and a store of value online.

Cryptocurrencies like Bitcoin fulfill some functions of money. They can act as a medium of exchange, particularly in online transactions, and can be used to store value. However, their volatile nature questions their efficacy as a stable store of value, which is a traditional attribute of 'real' money. Furthermore, because they are not regulated by central banks and have been involved in various scandals and illegal activities, their ethical standing remains the subject of scrutiny and debate.

Whether cryptocurrencies will eventually become a mainstream form of payment and replace traditional money is still uncertain. The evolution of money from tangible forms to more abstract concepts like digital currency continues, guided by advancements in technology and the desire for reduced transaction costs. Nonetheless, concerns regarding regulation, ethical usage, and stability continue to challenge the widespread acceptance of digital currencies.


Related Questions

The average toyota car contains more than​ 10,000 moving​ parts, all manufactured by hundreds of independent suppliers that toyota neither owns nor controls. the process by which toyota identifies and ensures that parts arrive on time to its manufacturing facilities is known as​ __________.

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The process in which specific parts reach a specific facility and arrive on time is known as,"Inbound Logistics".

One way congress can encourage spending and business expansion is by __?__

Answers

One way congress can encourage spending and business expansion is by reducing taxation and regulation.
The United States Congress is the two-house administration of the federal government of the United States and it consist of two chambers. The two chambers are: the Senate and the House of Representatives. 

Which of these types of policies may not have the automatic premium loan provision attached to it?

Answers

The answer is decreasing term policy. It is a kind of yearly sustainable term life insurance that gives a demise advantage that abatements at a foreordained rate over the life of the approach. Premiums are generally steady all through the agreement, and diminishments in approach payout ordinarily happen month to month or every year.
Final answer:

Term Life Insurance policies generally do not have the automatic premium loan provision because they do not usually build cash value.

Explanation:

The type of policy that may not have the automatic premium loan provision attached to it is a Term Life Insurance policy. The automatic premium loan provision is a feature that is typically included in Whole Life and Universal Life insurance policies. This provision automatically uses the policy's cash value to pay the premium if the policyholder fails to make a payment in time, which helps prevent the policy from lapsing. However, Term Life Insurance policies do not usually build cash value and therefore, generally do not have this provision.

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In the United States, you can own anything you want and decide what you want to do with it, as long as it does not violate the law. This describes the principle of

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The right to private property.
Final answer:

The principle described is private property rights, that allows individuals to own, use, control, and dispose of property, within the constraints of the law.

Explanation:

The principle your question is referring to is known as private property rights. In the United States and many other market economies, this is a cornerstone of the economic system. Private property rights give individuals the right to own, control, use, and dispose of physical and intellectual property. These rights, however, are not absolute. They are limited by the law, and you can't use your property in a way that violates others' rights or breaks general laws.

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Explain why it is necessary to understand the time value of money. give some examples of how you would use the concept in your business or personal life

Answers

if we didnt know the value of money, then youll never truly know how much you have, you could see that lettuce is "1.00" and all you have are pennies, but to you, its one peny which you would be disappionted to find out that you dont have enough at all. knowing the value of money is extremely important

Q2. Why is the biotech industry a global industry?

Q3. Why are regulations important for biotech businesses and entrepreneurs?

Answers

I can help with question two, but not question three. 
The answer to question two is that biotech companies are part of the global industry from day one. Because capital is global, diseases know no borders, people are mobile, and you can get science anywhere in the world, there is an immediate competition with all other bioscience companies in the world.  
In other words, when you start a biotech company in the US, you are immediately competing with biotech companies in Japan, the UK, etc. because you're all competing for the same capital, the same consumers, the same pharmacies, etc. 
My best guess for question three is just that regulations are always important for global businesses (or really any business in general) as they protect both the businesses, the employees, and the consumers. In the case of biotech businesses, they protect people from false advertising of the benefits of products for example. 
Hope this helps!
Final answer:

The biotech industry is global due to research collaboration, international sales, and global impact. Regulations are important for safety, ethical conduct, and fair competition.

Explanation:

The biotech industry is a global industry due to several factors. Firstly, biotechnology research and development can be conducted by scientists and companies from all around the world. Advances in biotechnology are shared globally, leading to collaboration and innovation. Secondly, biotech products such as genetically modified organisms (GMOs) and pharmaceutical drugs can be sold and utilized internationally, driving the industry's global reach. Lastly, the impact of biotechnology, such as addressing global health and environmental challenges, necessitates a global approach and involvement of different countries.

Regulations are important for biotech businesses and entrepreneurs to ensure safety, ethical conduct, and fair competition. These regulations help safeguard public health and the environment by monitoring and assessing the safety and efficacy of biotech products before they are released into the market. They also protect consumers from misleading claims and promote transparency in the industry.

How long does it take for dachshunds to be full grown?

Answers

It will stop growing at about 9-12 months
Final answer:

Dachshunds generally reach full growth between 12 to 18 months old with certain variations depending on individual factors.

Explanation:

In general, Dachshunds are considered full grown between 12 and 18 months old. However, they may continue to fill out and gain weight until they are two years old. This can be influenced by factors such as diet, exercise, and overall health. As each Dachshund is individual, this timeline may slightly vary.

The provided information about three month training and categorisation seems to be about the development of service dogs. While this can be interesting, it may not directly relate to a Dachshund's physical development into an adult dog.

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If a general partnership fails, who is responsible for the debts? (1 point)

Answers

In a general partnership, all partners are personally liable for the partnership's debts and obligations.

This means that if the partnership fails and incurs debts, each partner is jointly and severally responsible for repaying those debts. Creditors can pursue any or all partners for the full amount owed, regardless of each partner's individual share of the liability.

This personal liability extends to the partners' personal assets, not just the assets of the partnership. Consequently, the failure of a general partnership can result in significant financial consequences for all partners involved.

Noah has a summer job wich pays 1827 for the entire summer. if 22% is taken out for federal taxes, then how much is deducted

Answers

Total amount Noah get from summer job = 1827
federal tax deducted on that = 22%
Amount deducted from total amount = 22% x 1827
=22/ 100 x 1827 = 0.22 x 1827 = 401.94
Thus, the amount deducted is 401.94

Determine the finance charge on a 8,000 loan with a monthly payment of 162,80 for 60 months

Answers

Answer:

The answer is

c.) $1,768.00

Explanation:

Before the federal government settled into its permanent home in washington,
d.c., the nation's capital had most recently been moved from

Answers

D.C. was the 9 and 11th capital, 

Philidelphia was the 8, and during the War of 1812 was the 10h after the british burned D.C.

The money a team spends on an electronic scoreboard represents:

Answers

Money spent on a scoreboard for a professional team would be a business expense which could be used most likely for  a tax reduction since a scoreboard would be rather essential for a team to keep track of who is winning and who is losing in a game so is an integral part of the sports process.

One component of pension expense is actual return on plan assets. plan assets include only assets reported on the balance sheet of the employer as prepaid pension cost. plan assets still under the control of the company. none of these answers are correct. assets that a company holds to earn a reasonable return, generally at minimum risk.

Answers

The correct answer is:  [D]:
________________________________________________________
     "assets that a company holds to earn a reasonable return, generally at minimum risk."
________________________________________________________

Executive interview have essentially the same advantages and disadvantages as _____. mall intercept interviews clt interviews mail panel surveys in-home interviews focus groups

Answers

The correct option is in-home interviews.
Executive interview have essentially the same advantages and disadvantages as in-home interviews.
In-home interviews are comprehensive sessions which join perception and meetings to produce profound logical comprehension.
Final answer:

Executive interviews are similar to in-home interviews and focus groups, often using a structured format to gather in-depth information through face-to-face interaction, though potentially costly and prone to biases.

Explanation:

Executive interviews have essentially the same advantages and disadvantages as in-home interviews and focus groups. These types of interviews, including structured interviews, are utilized to gather in-depth information from respondents, typically through face-to-face interaction. The personal nature of these interviews allows for a comprehensive understanding of the respondents' attitudes, beliefs, or habits.

In an in-home interview, researchers visit respondents in their homes, which can be expensive and time-consuming but yield high-quality data. Focus groups involve a selected group of individuals discussing topics, and executive interviews are formal meetings with high-level personnel who provide valuable insights. All these methods deliver a depth of information that other survey types, such as mail or online questionnaires, may not achieve.

These methods share similarities in that they aim to ensure a systematic approach to questioning, often following a structured format where the same questions are asked to each participant. However, they can be costly and subject to biases, such as interviewer effects or selection bias, which can impact the representativeness of the data collected.

The fabric costs $14.00 per yard.if you buy 5 yards or more, you can get 20% off.how much would five yards cost on sale?

Answers

If you were to buy 5 yards at $14 a yard, your first cost would be at $70. But with 14 being 20% of 70, you would subtract 14 out of the $70, which would leave your final cost at $56.

You are going to borrow $500,000 to buy a house. assume an annual interest rate of 8%. the length of the loan is 30 years and you are making payments at the end of each month. your monthly payment is _____.

Answers

The formula of the present value of an annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
PV present value 500000
PMT monthly payment?
R interest rate 0.08
K compounded monthly 12
N time 30 years
Solve the formula for PMT
PMT=pv÷ [(1-(1+r/k)^(-kn))÷(r/k)]
PMT=500,000÷((1−(1+0.08÷12)^(
−12×30))÷(0.08÷12))
=3,668.82...answer

Hope it helps!

Answer:

The monthly payments will be approximately $4722.16

Explanation:

loan amount: $500000

annual interest on loan: 8%

loan duration: 30 years

To get the annual interest to be paid on loan will be

8% of $500000 = 0.08 * $500000 = $40000

therefore the total interest to be paid in 30 years will be

$40000 * 30 years = $1200000

The total amount of loan to be paid in 30 years will then be

loan amount + total interest = $500000 + $1200000 = $1700000

making monthly payment this total amount to be paid over 30 years will be

Yearly payment

$1700000 ÷ 30 years ≈ $56666

Monthly payment

$56666 ÷ 12 months in a year ≈ $4722.16

Frances receives one dollar for every pound of worms she gives her grandfather. which reinforcement schedule is this?

Answers

The reinforcement schedule that is seen in the given scenario above is the fixed ratio. This is a type of reinforcement where in they usually rely on the operant conditioning principles in which an operant conditioning is where the individual’s behavior has changed due to the consequences involved.

Final answer:

Frances's situation is an example of a fixed ratio reinforcement schedule. She is rewarded after a defined number of responses, which in this case is the collection of one pound of worms.

Explanation:

In the given scenario, Frances receives one dollar for every pound of worms she gives to her grandfather. This is an example of a fixed ratio reinforcement schedule. This type of reinforcement schedule is characterized by a predictable number of responses needed before a behavior is rewarded. Simply put, a reward is given after a set number of responses have occurred. In Frances's case, the behavior (collecting worms) is rewarded (with one dollar) after a fixed number (one pound) of responses (collected worms).

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True or false: industrial policies of the united states have been more formal than those of europe and japan. the u.s. government discourages exports via its export import bank and commodity credit corporation.

Answers

False. Industrial policies of the United States have been less formal than those of Europe and Japan. The U.S. government encourages exports via its Export-Import Bank and Commodity Credit Corporation. Firms are also allowed to form export trading companies and export trade associations.

He sellers have accepted an offer in which they agreed to carry a second trust deed. what contact must be signed by the buyer, seller and real estate agent, if any?

Answers

The contract that must be signed is SELLER FINANCING ADDENDUM AND DISCLOSURE STATEMENT.
This document contains the terms of seller financing and the legally required disclosures. The seller must disclose all the necessary financial information and fill the document appropriately.

Mordred had been sued by a former business partner. the partner was seeking $1,000,000 in damages. mordred felt that this claim was totally unfair. he went to the law firm of merlin, guinevere, and arthur, llc. he was told that a junior associate could handle his case for $300 and hour or a senior partner could handle the case for $700 and hour. when he asked why there was such a difference in the rates, he was told that the senior partners were in such high demand that they were trying to discourage new clients. this is an example of _____________?

Answers

This is an example of the fundamental principle of economics, supply and demand. There is a limited supply of senior partners, so as demand for their services increases so does the price of those services. Conversely, if the senior partners were in need of new clients then their services would not be in high demand. This would cause the price of their services to decrease.

Although she hates the work, Jessica has spent most weekends and the last three summers as a short-order cook; she has an associate's degree in paralegal studies; she loves to ride and spends every spare minute helping her uncle with his three horses. Now that she's planning to start a business, her best choice would probably be a A. fast-food franchise. B. riding stable. C. restaurant. D. legal research service.

Answers

Jessica's extensive experience as a short-order cook and her affinity for riding and helping her uncle with horses align perfectly with the demands of managing a riding stable. The option (B) is correct.

Her dislike for cooking would likely steer her away from options like a fast-food franchise or restaurant. While she has an associate's degree in paralegal studies, her passion for horses makes a riding stable a more fitting and fulfilling venture.

Starting a legal research service might utilize her degree but wouldn't tap into her passion for horses. Thus, a riding stable emerges as the most suitable choice, allowing her to leverage her skills and interests effectively.

Today, an estimated _____ of the adults in the united states are overweight, with over _____ falling into the obese range.

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The answer in the first space provided is seventy five percent while the second space provided is forty one percent, this is a research that has estimated the percent rate of overweight and obesity in the United States during the year of 2015.

Nestor's nesties, a confectionery company, sells a variety of dark chocolates, milk chocolates, gummies, fruit juices, biscuits, cereals, and even cheese. these products together constitute the company's _____.

Answers

The answer is product mix. A product mix is a way of having to offer products to the people or consumers in which it comprises multiple line. These are usually offered by companies and a means of selling the products that they produce.

A prepurchase inspection is different from a pre-sale inspection in there

Answers

These inspections are mostly connected to property purchase. The pre-sale inspection is conducted by investors and real estate agents who deal with the property. A pre-purchase inspection is conducted by the buyer who wants to purchase the property. Both are conducted as means of security.

Some of the most important innovations,used by carolus linneus over 200 years ago in his system of classifying plants and still used today, are

Answers

Ans : Carl Linnaeus, also known as Carl von Linné or Carolus Linnaeus, is often called the Father of Taxonomy. Linnaeus was born on May 23, 1707, at Stenbrohult, in the province of Småland in southern Sweden His system for naming, ranking, and classifying organisms is still in wide use today (with modification). His ideas on classification have influenced generations of biologists during and after his own lifetime, even those opposed to the philosophical and theological roots of his work.

Beginning in the 1940s, first-generation computers used _____.

Answers

A trend that started to gain traction in the 1940s as a result of better technological innovation, was that of using vacuum tube technology in the manufacturing of the first generations of computers, due to the apparent efficiency of this innovation at the time.

Beginning in the 1940s,  first-generation computers used vacuum tube technology. The correct answer is option B.

Vacuum tubes were the primary technology used in the earliest computers, acting as switches and amplifiers for electronic signals. These computers were large, power-hungry, and produced a significant amount of heat, which made them difficult to maintain.

Characteristics of First-Generation Computers:

Utilized vacuum tubes for circuitry and magnetic drums for memory.Consumed a lot of electricity and generated excessive heat, often requiring cooling systems.

Technological Context:

Vacuum tube technology was essential for the development of the first programmable electronic computers, such as the ENIAC and UNIVAC.This era marked the beginning of electronic computing and paved the way for subsequent advancements in computer technology.

Therefore, first-generation computers in the 1940s used vacuum tube technology.

The complete question is:

Beginning in the 1940s,  first-generation computers used _________.

Group of answer choices

A) transistors

B) vacuum tube technology

C) integrated circuits

D) laser technology

Dimitri has several apple trees in his yard, and apples are a perfectly competitive market with a price of $2 per pound. if dimitri sells apples at the farmer's market, what is his total revenue and marginal revenue when he sells the 100th pound of apples?

Answers

The total revenue and the marginal revenue when he sells the 100th pound of apples is 
total revenue is $200 (100 * 2) and marginal revenue is $2 (the price of the apple per pound in the market)

So the answer is the total revenue of Dimitri is $200 while the marginal revenue is $2.

Which demographic group has the lowest level of representation as a judge in the federal courts?

Answers

The most recent study was done on June 1, 2017, and all information is from that date. There are 673 US District court judgeships and four territorial ones. At the time of this study, there were 160 active circuit court judges and 19 vacant positions, while there were 570 district court judges and a whopping 103 vacant positions. There are 59 female circuit court judges, 37%. Men, therefore, are in 63% of positions. Intesretingly, this number has actually improved, with only one woman serving in 1977. Disregarding race, 75% of circuit court judges are white, 13% African American, 9% Hispanic, and only 3% Asian American. 12 courts have African American judges, nine have Hispanic, and five have Asian American. Overall, all three percentages have risen since 1977 (with some variability), but interestingly, Asian Americans have only recently begun to rise in presence., starting in about 2010. Combining gender and race, white men make up 45.6% of all circuit court judges, while Asian American women only make up 0.6%. In all races, men overpower women in numbers by a large amount. Looking at age, the average is 64.7 years old, with over 50% over 65 and only 2% under 45. The vast majority were appointed between 45 and 54, though many came slightly before or after. It is worth noting that the first openly gay circuit court judge was Todd M. Hughes, appointed by Obama in 2013. If we are considering race, Asian Americans are the lowest represented. If we are considering gender, women are less represented. Overall in race and gender, Asian American women are least represented. Looking at age, people under 40 are underrepresented. Overall, though, the least common demographic would be open members of the LGBT+ community. As you can see, this is not a straightforward question! It is a hugely interesting topic and one I plan to explore further.
The demographic representation in the judge should be similar to their representation in the population. The term used to describe this is descriptive representation. This means that the lowest level of representation as a judge in the federal courts has the smallest demographic group in the population.

According to OSHA standards, a competent person is defined as one who is capable of identifying existing and predictable hazards in the surroundings, or working conditions which are unsanitary, hazardous, or dangerous to employees, and who has authorization to take prompt corrective measures to eliminate them.

Answers

Final answer:

A competent person under OSHA is someone who can identify and correct hazardous conditions at work. Employers are responsible for providing a safe workplace and complying with OSHA standards, including training, protective equipment, and keeping safety records. Workers have the right to file complaints about workplace hazards or OSHA standard violations.

Explanation:

A competent person according to OSHA standards is one who is capable of identifying existing and predictable hazards which may be unsanitary, hazardous, or dangerous to employees. This person also has the authorization to take prompt corrective measures to remove these hazards. Under the Occupational Safety and Health Act (OSHA), employers have a responsibility to create a safe workplace without serious hazards and to abide by all OSHA safety and health standards. This includes efforts to eliminate or reduce hazards by changing working conditions and providing necessary training and protective equipment.

Employers are tasked with informing workers about chemical hazards, providing safety training, performing necessary tests like air sampling, providing personal protective equipment, and keeping accurate records of work-related injuries and illnesses. Employers must comply with specific OSHA standards such as providing fall protection, preventing trenching cave-ins, and ensuring the safety of workers in confined spaces.

OSHA, established by Congress and part of the United States Department of Labor, has a mission to assure safe and healthful working conditions by setting and enforcing standards, as well as providing training, outreach, education, and assistance. It's important for workers to know that they have the right to file a complaint if they believe there is a serious hazard or a breach of OSHA standards at their workplace.

Xcel chpter 8 phil is shopping for an annuity that guarantees he cannot outlive the benefits. which of these benefit options would he choose?

Answers

the answer to this question is Guaranteed lifetime withdrawal benefits
in the Guaranteed lifetime withdrawal benefits the rider will be allowed to withdraw of invested amount without waiting for the benefir will be annuitized. This type of benefit options will be perfect for people who believe they wouldn't live long enough to see the benefit is fully annuitized. (in most cases, they have previous health concern)

Phil is shopping for an annuity that guarantees he cannot outlive the benefits. The benefit option that he would choose is a "Lifetime Benefit Option."

A Lifetime Benefit Option ensures that Phil will receive regular payments for the rest of his life, regardless of how long he lives.

This type of annuity provides security and protection against the risk of outliving his income.

The payments will continue as long as Phil is alive, providing him with a steady stream of income throughout his retirement years.

Other benefit options, such as a fixed-term or period certain option, would have a predetermined duration and would not guarantee lifetime income.

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